GREAT IDEAS UPDATES
24 May 2018 | SHARES | 17
zKh͛Z'K/E'ƚŽŶĞĞĚĂďŝƚŵŽƌĞƉĂƟĞŶĐĞ
ǁŝƚŚŚĞĂǀLJĐŽŶƐƚƌƵĐƟŽŶƉƌŽĚƵĐƚƐĮƌŵSigmaRoc
(SRC:AIM)͘tĞƚŚŝŶŬŝƚŝƐǁŽƌƚŚƐƟĐŬŝŶŐǁŝƚŚ
ƚŚĞƐŚĂƌĞƐ͘
&ƵůůƌĞƐƵůƚƐŽŶϮϭDĂLJŚŝŐŚůŝŐŚƚĞĚƚŚĞĐŽŵƉĂŶLJ͛Ɛ
ĂďŝůŝƚLJƚŽƐƋƵĞĞnjĞŵŽƌĞŽƵƚŽĨƚŚĞĂƐƐĞƚƐŝƚŚĂƐ
ĂůƌĞĂĚLJĂĐƋƵŝƌĞĚ͘dŚĞŶƵŵďĞƌƐƐŚŽǁƚŚĞZŽŶĞnj
ĂŶĚ^ŝŐŵĂ'ƐLJŽƉĞƌĂƟŽŶƐƐĂǁĐŽŵďŝŶĞĚƐĂůĞƐ
ŝŵƉƌŽǀĞƚŽάϮϳŵ͕ǁŝƚŚĞĂƌŶŝŶŐƐŽĨάρ͘ρŵ͘
ZŽŶĞnjŝƐĂŚĂƌĚƌŽĐŬƋƵĂƌƌLJŽƉĞƌĂƚŽƌĂŶĚ
ĐŽŶƐƚƌƵĐƟŽŶŵĂƚĞƌŝĂůƐƉƌŽĚƵĐĞƌďĂƐĞĚŝŶ'ƵĞƌŶƐĞLJ
ĂŶĚ:ĞƌƐĞLJ͘^ŝŐŵĂ'ƐLJŝƐĂďƵůŬƐŚŝƉƉŝŶŐŽƵƞŝƚ͘
tŝƚŚĂůĂƌŐĞŶƵŵďĞƌŽĨŝŶĚĞƉĞŶĚĞŶƚ
ŽƉĞƌĂƚŽƌƐƐƟůůĂĐƟǀĞŝŶŝƚƐŵĂƌŬĞƚ͕ĐŚŝĞĨĞdžĞĐƵƟǀĞ
DĂdžsĞƌŵŽƌŬĞŶƚĞůůƐSharesƚŚĞƌĞĂƌĞƉůĞŶƚLJŽĨ
DΘŽƉƉŽƌƚƵŶŝƟĞƐĂǀĂŝůĂďůĞƚŽƚŚĞĐŽŵƉĂŶLJ͘
tŝƚŚĨƵůůŝŶƚĞŐƌĂƟŽŶŽĨƚŚĞďƵƐŝŶĞƐƐĞƐŝƚŚĂƐ
ĂůƌĞĂĚLJĂĐƋƵŝƌĞĚĞdžƉĞĐƚĞĚŝŶƚŚĞĮƌƐƚŚĂůĨŽĨϮϬϭΘ
ƚŚĞĐŽŵƉĂŶLJĐĂŶƚƵƌŶƚŽĨƵƌƚŚĞƌĚĞĂůƐ͘
/ŶǀĞƐƚŵĞŶƚďĂŶŬĞƌĞŶďĞƌŐĐŽŵŵĞŶƚƐ͚͗tŝƚŚ
ĞƐƟŵĂƚĞĚŐƌŽƵƉŐĞĂƌŝŶŐĂƚϭ͘ϭdžϮϬϭΘŶĞƚĚĞďƚͬ
/d͕ǁĞďĞůŝĞǀĞƚŚĞďĂůĂŶĐĞƐŚĞĞƚŽīĞƌƐĐĂƉĂĐŝƚLJ
ĨŽƌĨƵƌƚŚĞƌǀĂůƵĞͲĐƌĞĂƟŶŐƚƌĂŶƐĂĐƟŽŶƐ͖ǁŚŝůĞ
ŵĂŶĂŐĞŵĞŶƚŝƐƉůĞĂƐĞĚǁŝƚŚƚŚĞƉƌŽŐƌĞƐƐŵĂĚĞ
ƚŽǁĂƌĚƐĚĞůŝǀĞƌŝŶŐŽŶƚŚĞƉŝƉĞůŝŶĞƚŚŝƐLJĞĂƌ͛͘
d,KEd/Eh/E'ƚƌĂŶƐĨŽƌŵĂƟŽŶŽĨƐƉĞĐŝĂůŝƐƚ
ŵĞĚŝĂŽƵƞŝƚFuture (FUTR) ŝƐƌĞŇĞĐƚĞĚŝŶĂŶ
ŝŵƉƌĞƐƐŝǀĞƐĞƚŽĨĮƌƐƚŚĂůĨƌĞƐƵůƚƐ;ϭϳDĂLJͿ͘
tĞůůͲŬŶŽǁŶƟƚůĞƐŝŶ&ƵƚƵƌĞ͛ƐƉŽƌƞŽůŝŽŝŶĐůƵĚĞ
Techradar and Total Film͘,ĂǀŝŶŐĚĞǀĞůŽƉĞĚĂ
ƚƌĂŶƐĨĞƌĂďůĞƉůĂƞŽƌŵ͕ƚŚĞĐŽŵƉĂŶLJ͛ƐƐƚƌĂƚĞŐLJ
ƵŶĚĞƌĐŚŝĞĨĞdžĞĐƵƟǀĞŝůůĂŚLJŶŐͲdŚŽƌŶĞŚĂƐ
ďĞĞŶƚŽŵŽŶĞƟƐĞŝƚƐƐƉĞĐŝĂůŝƐƚĐŽŶƚĞŶƚƚŚƌŽƵŐŚ
ĞͲĐŽŵŵĞƌĐĞ͕ůŝĐĞŶƐŝŶŐĂŶĚĚŝŐŝƚĂůĂĚǀĞƌƟƐŝŶŐ͘
dŚĞĐŽŵƉĂŶLJŝƐůŽŽŬŝŶŐƚŽŵĂŬĞĂĐƋƵŝƐŝƟŽŶƐ
ŽĨŽƚŚĞƌƉƵďůŝƐŚŝŶŐĂƐƐĞƚƐǁŚŝĐŚĐĂŶďĞĨĞĚŝŶƚŽ
ƚŚŝƐŵŽĚĞů͘
ZĞǀĞŶƵĞŝŶƚŚĞDĞĚŝĂĚŝǀŝƐŝŽŶǁĂƐƵƉςϮйƚŽ
άϮς͘Ϯŵ͕ƚĂŬŝŶŐŝƚƚŽŽǀĞƌρϬйŽĨƚŽƚĂůŐƌŽƵƉƌĞǀĞŶƵĞ͘
ZĞƐĞĂƌĐŚŐƌŽƵƉĚŝƐŽŶƐĂLJƐ&ƵƚƵƌĞ͛ƐŽƉƉŽƌƚƵŶŝƚLJ
ĨŽƌŐƌŽǁƚŚŝŶƚŚĞh^ŝƐ͚ƉĂƌƟĐƵůĂƌůLJĂƩƌĂĐƟǀĞ͛͘/ƚ
ĂĚĚƐ͚͗DŽŶĞƟƐĂƟŽŶŽĨƚŚĞh^ĂƵĚŝĞŶĐĞŝƐŝŵƉƌŽǀŝŶŐ͕
ďƵƚŝƐƐƟůůĂůŽŶŐǁĂLJďĞůŽǁƚŚĂƚŽĨƚŚĞh<͘;dŚĞ
ƌĞĐĞŶƚĂĐƋƵŝƐŝƟŽŶŽĨͿEĞǁďĂLJDĞĚŝĂĂĚĚƐĨƵƌƚŚĞƌ
ĚŝǀĞƌƐŝĮĐĂƟŽŶŽĨƚŚĞƌĞǀĞŶƵĞďĂƐĞ͕ŝŶƚƌŽĚƵĐŝŶŐϮ
ŽƉƉŽƌƚƵŶŝƟĞƐŝŶŝŶĨŽƌŵĂƟŽŶĂŶĚĞǀĞŶƚƐ͛͘
&ŝŶĂŶĐĞĚŝƌĞĐƚŽƌWĞŶŶLJ>ĂĚŬŝŶͲƌĂŶĚĐŽŶĮƌŵĞĚƚŽ
SharesƚŚĂƚƚŚĞďƵƐŝŶĞƐƐǁŝůůƐƟůůĐŽŶƐŝĚĞƌĂĚŝǀŝĚĞŶĚ
ƉĂLJŵĞŶƚĨŽƌƚŚĞ^ĞƉƚĞŵďĞƌϮϬϭΘĮŶĂŶĐŝĂůLJĞĂƌ͘
FUTURE
(FUTR) 520p
SIGMAROC
(SRC:AIM) 38.8p
Gain to date: 31.7%
Original entry point:
Buy at 394.88p, 21 Dec 2017
Loss to date: 10%
Original entry point:
Buy at 43.25p, 26 Oct 2017
SHARES SAYS: È
We remain fans despite the indifferent performance
of the shares. (TS)
BROKER SAYS:
SHARES SAYS: È
We continue to like the story and are not put off by
a September 2019 price-to-earnings ratio of 19.
times based on Numis forecasts given the positive
momentum in the business at present.
BROKER SAYS: 1 01000
36
38
40
42
44
46
48
50
SIGMAROC
FTSE ALL SHARE
2017 2018
Rebased to first Source: Thomson Reuters Datastream
150
200
250
300
350
400
450
500
550
FUTURE
FTSE ALL SHARE
2017 2018
Rebased to first Source: Thomson Reuters Datastream
SUPERB
STOCKS FOR
2018
UPDATE